A&B ANDREASSEN AS: årsregnskap 2021 vs 2020
Shrank 75% on revenue, slipped into loss
approved 2022-05-31; registry 2022-07-18; journal 2022 728760
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for A&B ANDREASSEN AS. Revenue 398.8k NOK → 100.9k NOK (-74.7%). Net result +241.9k NOK → -89.8k NOK. Equity 6.27m NOK → 175.6k NOK.
On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 829 NOK → 26.5k NOK (+3096.0% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 398.8k NOK to 100.9k NOK (-74.7% YoY). Calculated
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↓
Operating result weakened
Operating result +321.2k NOK → -101.1k NOK (op. margin 80.5% → -100.1%). Calculated
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↓
Fell into a net loss
Net result flipped from 241.9k NOK profit to a loss of 89.8k NOK. Calculated
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↓
Equity eroded
Book equity 6.27m NOK → 175.6k NOK (equity ratio 517.0% → 16.6%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 44.08× → -2.16× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated